So you have finally found the online business that seems right for you. You like the products that you will market and you love the compensation plan. The only problem is that around 99% of entrepreneurs who start an online business, quit way too early!
Finding the right online business or program that you like and can feel comfortable with is just half the battle. A big part of the process involves a number of important elements.
Online Business – A Major Commitment!
As an entrepreneur who is serious about starting an online business, you have to make a commitment not only to the business, but to yourself. Hopefully you do not have an expectation that you are going to get rich overnight, because that will not happen. You are not going to make a big bundle of cash overnight, take it from me, I have been in this business for over twenty years. It take time to build your business.
Being a success online requires you to have staying power. Most successful businesses online take over a year to show a decent profit. In my most recent business it was three months before I made my first sale of $8.00, then a day later another one for $8.00 and the third day one for $167.00. So don’t believe the hype that you are going to make ten thousand dollars in the next twenty-four hours. It is going to take time to set up your business, advertise and get on the search engines. It just takes time to grow and get in profit.
Do Not Become An Online Business Junkie!
Do not make the mistake that many entrepreneurs make and results in them failing miserably. It is what I call being an online business junkie. What is that you ask? It is simple and I have seen it over and over. They join one business program and when they do not see big dollars coming in quickly like the ads said, they see another business which sounds easier and it appears they can make more money. So they join that one. The cycle repeats it self over and over again.
The majority of entrepreneurs who take this course ultimately fail. They fail to make money in any of the businesses they join because they do not concentrate on developing any of them. Many are part timers on limited budgets and have limited time to devote to their business. When they take the approach of joining multiple programs they do not have the capability to devote the necessary time. Each time they join a new one, the prior ones get left behind to just die a natural death… the money and time spent on each of them becomes a loss column in the business ledger.
Commit To The People Who You Refer To The Business!
Besides making a commitment to yourself as mentioned earlier, you also need to make a commitment to assist the people you refer to the business if that is the nature of the business. I have been in so many businesses over the last twenty years where my sponsor sent me a welcome email and I never heard from him or her again. They were too busy trying to refer more people than to help me be a success.
If part of your business allows you to refer people and you will make commissions on their membership and/or sales, then you have to realize that they are important to your business success. They apparently had confidence in you so they joined the business. I feel that your only course of action is to support them. Do not look at them as only a number and a dollar sign. If they become successful then it increases your success.
You need to communicate with them on a regular basis, answer any questions that they might have and offer them help in areas that they may be weak in. Operate as a team and set an example.
There are thousands of entrepreneurs working from home in the online business area worldwide. Why not be one of them. Just be careful in choosing the business, take time developing it, set some goals and do not quit early because you might be frustrated.
Wish you success in all your endeavors.
Proud Member of the Number One Online Business – Wealthy Affiliates